2-year Treasury yield jumps after the close, with Powell patient about rate cuts
The policy-sensitive 2-year Treasury yield edged higher after 3 p.m. Eastern time on Thursday, following fresh comments from Federal Reserve Chair Jerome Powell that indicated the central bank isn’t ...
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A Deep Dive into the Drivers of CPI Inflation: Introducing Our New Data Page
Our new data page, CPI Inflation Contributions from Goods and Services, details the evolution of inflation using the consumer ...
The Jakarta Post47m
Japan's economy slows in Q3 on tepid capex; consumption picks up
Japan's economy expanded by an annualized 0.9 percent over the July-September quarter, government data showed on Friday, ...
Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’
Bitcoin’s price dropped about 2.79% after Jerome Powell stated that the Fed is in no “hurry to lower rates,” given the ...
Why credit card rates remain high, even after interest rate cuts
Americans' credit card debt has hit a record high, the Federal Reserve of New York said in a report released this week.
Inflation accelerated in October, offering first look at prices since election
Economists expect prices to have risen 2.6% over the year ending in October. That figure would mark a slight uptick from the ...
Why Yields Spiked Despite Tame Inflation? Buy Quality ETFs
Despite soft inflation print, bond yields spiked on Nov. 13 as traders doubted how fast and far the Fed can act dovish given ...
It Shouldn’t Have Been A Surprise That Trump Won Over Key Latino Voters
One of the most shocking defeats for Kamala Harris in last week’s election was her dismal performance among Latino voters.
Stock market today: Indexes fall as Powell says the Fed is in no hurry to cut interest rates
Indexes slipped as traders zeroed in on remarks from Fed Chair Jerome Powell, who said the central bank is in no hurry to cut ...
Powell says no need for Fed to rush rate cuts given strong economy
By Ann Saphir and Howard Schneider DALLAS (Reuters) -Ongoing economic growth, a solid job market, and inflation that remains ...
Trump cabinet latest updates: Controversial anti-vaccine RFK Jr tapped to lead Health Department
Gaetz, whose nomination requires Senate approval, resigned from his seat in the US House of Representatives in light of the ...
Fed’s Powell: Rate cuts are still underway
Federal Reserve Chair Jerome Powell said Thursday that interest rates are still expected to decline further, but suggested they might not be that much lower over the next few months.